Lot 147
  • 147

RUBY AND DIAMOND RING, RAYMOND YARD

Estimate
200,000 - 300,000 USD
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Description

  • Raymond Yard
Set with an octagonal mixed-cut ruby weighing 3.37 carats, flanked by two window-shaped diamonds, further highlighted with baguette and round diamonds, size 5¾, signed Yard.

Condition

In excellent condition, with no evidence of wear to the mounting. Stamped PT950 for platinum. The ruby is a medium slightly pinkish red color, strongly saturated and loupe-clean. The diamonds weighing approximately 1.50 carats are approximately E-F color, VVS-VS clarity. Accompanied by AGL report no. 1089546 dated January 25, 2018 stating that the ruby is of Classic Burmese origin, with no indications of heating.
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion. Illustrations in the catalogue may not be actual size. Prospective purchasers are reminded that, unless the catalogue description specifically states that a stone is natural, we have assumed that some form of treatment may have been used and that such treatment may not be permanent. Our presale estimates reflect this assumption.Certificates of Authenticity: Various manufacturers may not issue certificates of authenticity upon request. Sotheby's is not under an obligation to furnish the purchaser with a certificate of authenticity from the manufacturer at any time. Unless the requirements for a rescission of the sale under the Terms of Guarantee are satisfied, the failure of a manufacturer to issue a certificate will not constitute grounds to rescind the sale. Gemological Certificates and Reports: References in the catalogue descriptions to certificates or reports issued by gemological laboratories are provided only for the information of bidders, and Sotheby's does not guarantee and accepts no responsibility for the accuracy, terms or information contained in such certificates or reports. Please also note that laboratories may differ in their assessment of a gemstone (including its origin and presence, type and extent of treatments) and their certificates or reports may contain different results.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.

Catalogue Note

Accompanied by AGL report no. 1089546 dated January 25, 2018 stating that the ruby is of Classic Burmese origin, with no indications of heating. In 1898 at the age of thirteen, Raymond Yard began his career in the jewelry industry as a doorboy at Marcus & Co. in New York. Having impressed his employers and customers, he rose through the ranks learning the skills of jewelry production and salesmanship. His big break came in 1922 when John D. Rockefeller Jr. encouraged Yard to start his own firm. Yard rarely advertised, instead relying on word-of-mouth accolades from loyal families such at the Vanderbilts, duPonts and Woolworths and celebrities including Joan Crawford and Douglas Fairbanks. Yard’s exceptional eye for quality and design elevated him to an icon of American Art Deco jewelry, and under the care of Bob Gibson, the son of Raymond Yard’s successor, that exemplary reputation continues today.